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  1. New frigate arrives to much fanfare as spotlight falls on Dendias, minister's aspirations
    Image: Hellenic Navy

    PoliticsGreek Politics

    . The ship’s appearance also put the spotlight on Defence Minister Nikos Dendias, one of the government... by a New Democracy MP during a parliamentary debate. “If you don’t speak at all, you will never put... responsibility rather than personal ambition, and dismissed suggestions of tension with the prime minister’s

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  2. Deadly factory blast sparks debate on workplace safety

    PoliticsGreek Politics

    to complaints rather than on a systematic basis. In the case of the Violanta factory, the deputy... seen no response from management. Political accountability The fire service’s findings have put... of accidents at work in sectors such as construction and the gig economy. The latest incident will put

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  3. Tsipras hints at June launch for new party as poll suggests disruption potential
    Photo via www.syriza.gr

    PoliticsGreek Politics

    under the banner "The Governing Left of the New Era". The former SYRIZA leader put a marker out for June... rather than a serious call for convergence. SYRIZA leader Sokratis Famellos previously called... for its money, while all but wiping out his former party, SYRIZA. The projected results put ND at 30.1 pct

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  4. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    ) on higher travel spending by non-residents. The strong monthly performance led the C/A deficit to July... as well as higher general government net transfer receipts from the EU. The largely expected strong... to be maintained in the coming months, particularly in August. Following the better-than-expected outcome

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  5. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    million and 249 million respectively more than offsetting a rise in the services’ surplus by 259 million... “recurring” figure amounted to 720 million materially improved by 142 percent yoy. The strong monthly... the EU, also including the SMP income of 1.5 billion. The widely expected strong tourism season led

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  6. C/A surplus for fifth straight month in Sept, up to 2.55 billion euros for year

    EconomyMacroeconomy

    than offsetting a decrease of 115 million in the income surplus. The August C/A balance also stood.... The strong monthly performance led year-to-date C/A surplus year to widen at 2.55 billion at the end... of 1.5 billion. The already evident strong tourism season led travel spending by non-residents up

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  7. Greece exceeds expectations with first return to bond markets after four years
    Photo by Can Esenbel [www.mundanepleasure.com]

    Economy

    indicated strong demand from “high-quality long-term” investors. The participation of investors outside... that the bond was seven times oversubscribed thanks to more than 550 orders from the investment community... and it is an encouraging sign for Greece and Europe”. A first sign of the strong demand was evident in the last 6-month T

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  8. Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010

    EconomyMacroeconomy

    Statistical Authority (ELSTAT) today. Today’s headline figure is 0.2 percentage points better than..., the highest since Q1 2008, mainly reflects strong tourism with the turnover in accommodation and food services... scheduled flights point to a 25 percent increase to 15.8 million in 2014 indicating another strong

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  9. After landmark return in April, Greece prepares to tap bond markets again
    Photo by MacroPolis

    Economy

    balance outperformed targets by more than 500 million euros to May. In addition, revenues rebounded in May, beating the 5-month target by 142 million from a shortfall of 620 million to April. Strong... was a 4-year 500-million note with an annual fixed coupon of 4.25 percent. Strong investor interest for Greek

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  10. Greek cash deficit to July narrows 78.3 pct to 1.72 bln

    EconomyMacroeconomy

    improvement compared to the 6-month underlying growth rate of 1.6 percent and is attributed to the strong... million lower than the respective budget figure. The 7-month Public Investment Budget (PIB) balance showed... to the exceptionally strong PIB surplus of 1.86 billion posted in July 2013, while PIB posted a deficit

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